NOT LISTED FOR SALE

Estimated Value: $534,000 - $712,000

-- Bed
1 Bath
698 Sq Ft
$908/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $625,000 $895 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,550/month

12 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of October 2021

Gorgeous fully renovated duplex. Perfect for investment or house hacking... live in one and rent out the other! Front unit is 3 bedroom, 1 bath, 1,000sf, with a covered carport. Rear unit is 2 bedroom, 2.5 bath, 950sf with gated access from back alley. All flooring, drywall, windows, doors, appliances, fixtures, and landscaping are new. Roof redone this year. Electric tankless water heater in front unit is new this year. Sewer scoped this year. Ready to move in or start making money!

Great central location in the Encanto Village area, close to I-10, I-17, and 51 freeways, Phoenix Children's Hospital, Sky Harbor Airport, and more!

Last Agent to Sell the Property

Will Fortenberry

LPT Realty, LLC License #SA685908000 Listed on: 09/16/2021

LPT Realty, LLC

Co-Listed By

Garrett Lyon

eXp Realty License #BR561415000

Last Buyer's Agent

Edward Green

HomeSmart License #SA642539000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1926

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Parking Space
  • Carport

Schools

  • Whittier Elementary School
  • Phoenix Prep Academy Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 18 / 3
  • Assessor Parcel Number 116-22-065

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 50x150
  • Burroughs Subdivision

Building Details

  • Operating Expense $1,961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,961

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: 16th Street and McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2021
  • Directions: West to14th St, South to Willetta, West to property
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: xpre18
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: BURROUGHS
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Whittier Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 50x150
  • Additional Parcels: No
  • Parcel #: 116-22-065

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 1961.0

Tax Info

  • Tax Annual Amount: 1961.0
  • Tax Block: 3
  • Tax Book Number: 116.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 6, 2021
Sold by
1326 Willetta Llc
Bought by
Brown Scott
Seller's Agent
Will Fortenberry
LPT Realty, LLC
Buyer's Agent
Edward Green
HomeSmart
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Current Estimated Value
$634,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,003
Avg. Annual Appreciation
-0.07%
Original Mortgage
$468,750
Outstanding Balance
$429,307
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$194,020

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 5, 2021
Sold by
Sreg Fund Llc
Bought by
1326 Willetta Llc
Seller's Agent
Tom Anderson
Realty Executives Arizona Territory
Buyer's Agent
Will Fortenberry
LPT Realty, LLC
List Price
$595,000
Sold Price
$350,000
Premium/Discount to List
-$245,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.18%
Original Mortgage
$375,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 3, 2021
Sold by
Ez Homes Inc
Bought by
Sreg Fund Llc
Seller's Agent
Tom Anderson
Realty Executives Arizona Territory
Buyer's Agent
Will Fortenberry
LPT Realty, LLC
List Price
$595,000
Sold Price
$350,000
Premium/Discount to List
-$245,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 24, 2021
Closed on
Jan 22, 2021
Sold by
State Of Arizona
Bought by
Ez Homes Inc
Seller's Agent
Tom Anderson
Realty Executives Arizona Territory
Buyer's Agent
Will Fortenberry
LPT Realty, LLC
List Price
$595,000
Sold Price
$350,000
Premium/Discount to List
-$245,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2016
Sold by
Equity Financial Planning Llc
Bought by
Hco Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2016
Sold by
American Homes 4 Rent Trs Llc
Bought by
Equity Financial Planning Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 2012
Sold by
Circle Park Properties Llc
Bought by
Invision Capital Management Llc

Purchase Details

Closed on
Nov 12, 2010
Sold by
Lopez Felix O
Bought by
Circle Park Properties Llc

Purchase Details

Closed on
Jan 13, 2006
Sold by
Lopez Elsa
Bought by
Lopez Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,425
Interest Rate
6.16%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 18, 2002
Sold by
Lopez Felix O and Lopez Elsa
Bought by
Lopez Felix O and Lopez Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
6.99%

Purchase Details

Closed on
Feb 11, 2002
Sold by
Weber Jodie Elaine
Bought by
Lopez G Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
6.99%

Purchase Details

Closed on
Oct 7, 2000
Sold by
Bayless Dale and Bentley Lucille
Bought by
Weber Jodie Elaine
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Scott $625,000 Equity Title Agency Inc
1326 Willetta Llc $350,000 Clear Title Agency Of Az
Sreg Fund Llc -- None Available
Ez Homes Inc $131,500 None Available
Hco Investments Llc $5,401,132 Grand Canyon Title Agency
Equity Financial Planning Llc $12,159,247 Grand Canyon Title Agency
Invision Capital Management Llc $4,225,000 First American Title Ins Co
Circle Park Properties Llc $35,000 None Available
Lopez Felix -- Dhi Title Of Arizona Inc
Lopez Felix O -- Westland Title Agency
Lopez G Felix $25,000 --
Weber Jodie Elaine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Scott $468,750
Previous Owner 1326 Willetta Llc $375,000
Previous Owner Equity Financial Planning Llc $284,733
Previous Owner Equity Financial Planning Llc $50,000
Previous Owner Equity Financial Planning Llc $120,000
Previous Owner Equity Financial Planning Llc $120,000
Previous Owner Equity Financial Planning Llc $50,000
Previous Owner Equity Financial Planning Llc $120,000
Previous Owner Lopez Felix O $152,425
Previous Owner Lopez Felix $152,425
Previous Owner Lopez Felix O $126,000
Previous Owner Lopez Felix O $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $625,000 +4.3% $895 / Sq Ft
09/06/2021 09/06/21 For Sale $599,000 +71.1% $858 / Sq Ft
03/11/2021 03/11/21 Sold $350,000 -41.2% $187 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $595,000 -- $317 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,068 $15,467 -- --
2024 $2,048 $14,730 -- --
2023 $2,048 $36,810 $7,360 $29,450
2022 $1,976 $28,560 $5,710 $22,850
2021 $1,961 $25,400 $5,080 $20,320
2020 $1,983 $24,650 $4,930 $19,720
2019 $1,980 $16,030 $3,200 $12,830
2018 $843 $13,160 $2,630 $10,530
2017 $823 $11,070 $2,210 $8,860
2016 $800 $9,170 $1,830 $7,340
2015 $740 $7,700 $1,540 $6,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6289978

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-22-065